U.S. auto dealer boss: Climbing car prices "unsustainable"

National Automobile Dealer Association's CEO Peter Welch said Tuesday that climbing car prices will reach a point where they're not long sustainable. At the Automotive News World Congress on Tuesday, Welch said that he fears more American buyers will be priced out of the market. Automotive News reported that the average new vehicle cost $35,377...
Honda DealershipNational Automobile Dealer Association's CEO Peter Welch said Tuesday that climbing car prices will reach a point where they're not long sustainable. At the Automotive News World Congress on Tuesday, Welch said that he fears more American buyers will be priced out of the market. Automotive News reported that the average new vehicle cost $35,377...
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